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Dec 10, 2012
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. >> according to the hawaii reporter. >> the other bookmark is his inauguration. you don't want these things to go through the inauguration, either. so, that gives us a very tight window. >> look, politicians have a long track record of kicking the can down the road. they could certainly do it again. but i've characterized this bull market as sort of the rodney dangerfield of bull markets. absolutely no respect. and it just keeps climbing this wall of worry, as the old adage goes. >> talk a little bit about earnings and the things you are covering, health care, financials. >> certainly. >> how do you think earnings are going to shape up for 2013? >> i'm optimistic. we could see $110 for the s&p 500. the multiple right now is about 12 1/2. we get down to 12, 13 seems to be unlucky. we can't seem to break through that. but if we get through this cliff issue, and we will, one way or another, even if we go over the cliff, there will be some resolution afterwards. i think earnings are going to hang in there pretty well. they are only triggered by the global economy and
. >> according to the hawaii reporter. >> the other bookmark is his inauguration. you don't want these things to go through the inauguration, either. so, that gives us a very tight window. >> look, politicians have a long track record of kicking the can down the road. they could certainly do it again. but i've characterized this bull market as sort of the rodney dangerfield of bull markets. absolutely no respect. and it just keeps climbing this wall of worry, as the old adage...
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Dec 7, 2012
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they're not going to hawaii because those are over 50%, too. what does california, new york and hawaii know that we don't know? >> i think they do not believe -- you can say the same thing for the obama white house -- they think america's undertaxed and the tax rates can go dramatically higher despite these examples in europe without it hurting economic growth. i think they are completely wrong. i think you can draw just the opposite conclusion of what's going on in europe. but apparently we're going down that route anyway. >> isn't that why president obama wants to raise the tax rate? he raises the tax rate in order to spend. seems to me that taxing and spending is his mantra, just like the east european mantra and the california and new york -- why would you want to raise the tax rate $1.6 trillion if youp didn didn't want to spe? that's a big number. >> it is. jared bernstein was in "the new york times" complaining about the tax cutting in this country over the past 30 years. and jared says, we've gutted the tax code, we're just not getting
they're not going to hawaii because those are over 50%, too. what does california, new york and hawaii know that we don't know? >> i think they do not believe -- you can say the same thing for the obama white house -- they think america's undertaxed and the tax rates can go dramatically higher despite these examples in europe without it hurting economic growth. i think they are completely wrong. i think you can draw just the opposite conclusion of what's going on in europe. but apparently...
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Dec 6, 2012
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i don't think he wants to be in hawaii without a deal. something is going to come up. >> ron, what about you? >> i thought the resignation of senator jim demint, who was a staunch conservative, which was a surprise departure, tells me the republicans in many ways are throwing in the towel on this deal. he's a guy who fought tooth and nail against this thing, against raising tax rates. you may want to work from the outside in, which is the way the press is portraying this. it looks like too many republicans are beginning to throw in the towel. they may finds a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the bell. some had suspected them to
i don't think he wants to be in hawaii without a deal. something is going to come up. >> ron, what about you? >> i thought the resignation of senator jim demint, who was a staunch conservative, which was a surprise departure, tells me the republicans in many ways are throwing in the towel on this deal. he's a guy who fought tooth and nail against this thing, against raising tax rates. you may want to work from the outside in, which is the way the press is portraying this. it looks...
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Dec 26, 2012
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the president is coming back from hawaii. speaker john boehner has not even committed to bringing the house back into session. the senate will come back on thursday. and not deal with the fiscal cliff but deal with spending bills to clean up new york and connecticut and new jersey from hurricane sandy and reauthorize some intelligence bills. so i mean, there's no real deal in the offing. there's nothing going on behind the scenes that would lead us to believe that anything would get done before january 1. >> all right. josh, out to you. obviously a lot of the discussion has been around the kind of deal that we would get if we do get something. if a deal does come through, it -- more likely will not be comprehensive, right? there's going to be a lot of negotiating that occurs after the first of the year. i guess my question to you is, does this leave the markets open to turmoil and more volatility as we head into january? >> the markets are going to be left open to turmoil and volatility, period. what we've seen is that despit
the president is coming back from hawaii. speaker john boehner has not even committed to bringing the house back into session. the senate will come back on thursday. and not deal with the fiscal cliff but deal with spending bills to clean up new york and connecticut and new jersey from hurricane sandy and reauthorize some intelligence bills. so i mean, there's no real deal in the offing. there's nothing going on behind the scenes that would lead us to believe that anything would get done before...
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Dec 10, 2012
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borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two states have huge foreclosure backlogs. they need brisk buy flg order to eat up that distress. we want to keep that in perspective. people say taking away this deduction will raise home prices and drop purchasing power. but we have to remember that the interest deduction is used by 27% of borrowers. what is interesting is that older americans are getting hit with it more because they usually would move out of their large homes by now and they today stay in place because they weren't able to sell during the housing crash. guys? >> diana, does it soften the blow if they am am
borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two...
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Dec 26, 2012
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i think the president coming back from hawaii to show he can't be in hawaii over the holidays while this is hanging over our heads. i don't think anything gets done and i don't think the market cares. >> where do you see evidence e the -- >> we have been sitting at this forever. brent crude at 110. these are high numbers. that's a pretty strong market for one that's about to fall out of bed. you expect them to get something done in the last 18 hours they haven't gotten done in the last 18 months? i can't imagine. >> why does the market not care if you're right? >> why does the market not care? people are saying there are reasons to own the stock market, irrespective of the fiscal cliff and things coming in the wake of sequestration and expiration of tax cuts actually good, things to embrace. let's embrace good things. republicans should like it. a little bit of fiscal responsibility in here and military budgets no party wants to take on, irrespective of parties. a lot to like. maybe they think bernanke can come in and to a certain degree fix with more stimulus policy and buying of assets
i think the president coming back from hawaii to show he can't be in hawaii over the holidays while this is hanging over our heads. i don't think anything gets done and i don't think the market cares. >> where do you see evidence e the -- >> we have been sitting at this forever. brent crude at 110. these are high numbers. that's a pretty strong market for one that's about to fall out of bed. you expect them to get something done in the last 18 hours they haven't gotten done in the...
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Dec 24, 2012
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>> i've been to maryland and i would choose hawaii. david: but you don't have air force one. >> no, the bottom line, the president is sitting in the catbird seat as they'd say in indiana. and i don't want to use the word win. david: he uses the word win. >> right, i mean, he holds the cards, the cards in his hand and he knows that. david: that's exactly what he said, by the way, to john boehner, according to some notes from inside the meeting he said, hey, look, i won, i win, i don't have to compromise, you guys have to do the compromising. thank you, gang, we'll see more of you coming up. new at 10, china is set to become the largest consumer of coal. still, the u.n. kind of gives them a pass on so-called dirty energy even while they criticize the u.s. for not being green enough. we try to level the playing field with a leading environmentalist. stay tuned.
>> i've been to maryland and i would choose hawaii. david: but you don't have air force one. >> no, the bottom line, the president is sitting in the catbird seat as they'd say in indiana. and i don't want to use the word win. david: he uses the word win. >> right, i mean, he holds the cards, the cards in his hand and he knows that. david: that's exactly what he said, by the way, to john boehner, according to some notes from inside the meeting he said, hey, look, i won, i win,...
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Dec 26, 2012
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president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm woul
president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech....
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Dec 18, 2012
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. >>> also, senator daniel inouye of hawaii passed away this afternoon at age 88. inouye was a senator for 50 years. he was a world war ii hero as well. inouye was awarded the medal of honor for actions he took in italy in 1945 as a member of the legendary 442 combat team composed entirely of japanese americans. may senator inouye rest in peace. >>> now back to some stock market work. stocks continue to discount a fiscal cliff solution of some kind. as i've suggested, they're reacting positively. how about a little optimism on that story? up next, some optimism. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? come pre-filled with problems. enough is enough
. >>> also, senator daniel inouye of hawaii passed away this afternoon at age 88. inouye was a senator for 50 years. he was a world war ii hero as well. inouye was awarded the medal of honor for actions he took in italy in 1945 as a member of the legendary 442 combat team composed entirely of japanese americans. may senator inouye rest in peace. >>> now back to some stock market work. stocks continue to discount a fiscal cliff solution of some kind. as i've suggested, they're...
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Dec 27, 2012
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president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic le
president obama left hawaii early to get back to washington today. the senate is also coming back from christmas vacation today to work on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate...
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Dec 7, 2012
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should the president be jetting off to hawaii? both sides created this mess and they are the only ones who can fix it. from senior advisor president reagan began, pat buchanan joins us. pat, any promise of the president if he leaves town before this is resolved? >> i think the president is taking a tremendous risk here, greta. the reason is if this is not solved and it looks like it is going to come apart, say, on the 20th, 21st of december and he's splashing around at hawaii, you could have people's 401s being wiped out and portfolios being wiped out and if he is sitting out there i i think he's in real trouble politically. this is a show of a certain amount of arrogance and confidence that he's not afraid we are going to go over the cliff, and if we do, he will take care of it after that. but i think he's taking a risk and my guess is there are advisors in there telling, mr. president, you better keep the plane gassed up at honolulu. >> i think if he goes on vacation or anyone else, that he has a tenure that anyone else does. th
should the president be jetting off to hawaii? both sides created this mess and they are the only ones who can fix it. from senior advisor president reagan began, pat buchanan joins us. pat, any promise of the president if he leaves town before this is resolved? >> i think the president is taking a tremendous risk here, greta. the reason is if this is not solved and it looks like it is going to come apart, say, on the 20th, 21st of december and he's splashing around at hawaii, you could...
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Dec 27, 2012
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yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by game leadership that they will advise their numbers by saturday if they are going to bring them back into washington for a vote on anything on monday if there is a deal. there you see the united states senate is coming into session is this morning. we are going to keep an eye out for those remarks from senator reid, and of course, remarks on this fiscal cliff debacle have been moving the markets throughout the past couple of weeks, wait and see what harry reid has to say. guys, not a whole lot here to give those guys consumer confidence. >> the essence of poll tak
yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by...
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Dec 18, 2012
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. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset managements. really, leo? do you oversee $178 billion? >> i have a lot of help, swroe. >> that sounds like you would have a lot more wrinkles and look a lot more haggard if you had that responsibility. if we get a cliff deal which is looking closer, are our problems over in terms of this sort of market that's been stuck in the mud for a decade, do you think? >> i think a lot depends on time frame, but no is the short answer to your question. i think, you know, markets being discounting mechanisms, i think it's very unlikely that here in the short-term, we get the type of meaningful entitlement reform and a thoughtful and
. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset...
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Dec 24, 2012
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the president's playing golf in hawaii. there's nothing going on behind the scenes. >> there's not some -- >> meetings going on in the white house, there's not staff -- >> lining up a putt? >> no, which is difficult, because there's lots of other stuff that has to go into what the president talks about before he left on friday, which is the tax rates. he didn't talk about payroll tax cut, amt, a number of things. there's a lot that has to go into a final deal and how they get that done. >> my worry is we're not talking about early january, we're talking about late january. >> i think it's probably more mid january if we go over. because i think you'll see market reaction, and you'll see a lot of people freak out, and it's a problem. >> market reaction, would you think -- >> people still think it's, you know, we get a deal. last-minute deal. i tend to be an optimist. i've been a cliff diver for the start. the alternative to allowing it to happen is so crazy and so insane and so stupid. >> here's what -- i'm not advising the
the president's playing golf in hawaii. there's nothing going on behind the scenes. >> there's not some -- >> meetings going on in the white house, there's not staff -- >> lining up a putt? >> no, which is difficult, because there's lots of other stuff that has to go into what the president talks about before he left on friday, which is the tax rates. he didn't talk about payroll tax cut, amt, a number of things. there's a lot that has to go into a final deal and how...
SFGTV: San Francisco Government Television
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Dec 6, 2012
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special thanks to my husgreg husband greg smith. [ applause ] greg let us cut his birthday trip to hawaii short by a day and fly back on his birthday, so i could be here today. so if you wouldn't mind saying happy birthday greg. happy birthday greg! so this is a threshold, a beginning, a start. we're going to build a new library. there are a couple of other starts today. today is the start of the effort to raise money to furnish and equip that library. the friends of the library have done an incredible job of doing that with 23 other branches. we're the last. we don't want to tiredly limp over that finish line. we want to show them what our neighborhood can do. so you are going to be getting the asks. the ask is to be able to help with that effort to furnish our library and equip it to make it the best library in the city of san francisco. so stay tuned, we need your help again. one more and that is prop b. how many people are going to vote in this election? can i see a show of hands? how many people will vote for prop b? >> yes. >> how many of you can think of at least two or three or fo
special thanks to my husgreg husband greg smith. [ applause ] greg let us cut his birthday trip to hawaii short by a day and fly back on his birthday, so i could be here today. so if you wouldn't mind saying happy birthday greg. happy birthday greg! so this is a threshold, a beginning, a start. we're going to build a new library. there are a couple of other starts today. today is the start of the effort to raise money to furnish and equip that library. the friends of the library have done an...
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Dec 23, 2012
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reid says he wants to ensure hawaii is fully represented as lawmakers continue negotiations to try to avoid the fiscal cliff. inouye died last week of natural causes. hawaii representative colleen hanabusa is likely to fill that post. >>> with christmas just 48 hours away, the holiday shopping season is almost over, but millions of people are still expected to hit the stores the next two days, looking for last minute deals. as michelle miller explains, store owners say the holiday rush was a little slower than expected. >>reporter: getting around is a specialty toy store in new york city. >> you won't find any of this stuff at target, wal-mart. >> no. >>reporter: owner paul nippa says today is his busiest day of the year. >> within the last month, what have your sales been? >> they're up from last year about 5 1/2%, but some of that is the infamous early hanukkah. >>reporter: he's doing better than most retailers. shoppertrac which monitors shopper behavior nationwide expected holiday sales growth of 3.3%, they scwrut cut it to 3.25%. >> people are still very tight with their purse st
reid says he wants to ensure hawaii is fully represented as lawmakers continue negotiations to try to avoid the fiscal cliff. inouye died last week of natural causes. hawaii representative colleen hanabusa is likely to fill that post. >>> with christmas just 48 hours away, the holiday shopping season is almost over, but millions of people are still expected to hit the stores the next two days, looking for last minute deals. as michelle miller explains, store owners say the holiday rush...
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Dec 27, 2012
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hawaii's governor has selected his lt. governor to replace senator daniel inouye who died last week. the new senator is 40 years old and youngest member of the senate rightow
hawaii's governor has selected his lt. governor to replace senator daniel inouye who died last week. the new senator is 40 years old and youngest member of the senate rightow
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Dec 21, 2012
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yesterday mourners paid their respects to the lodge-time senator from hawaii. senator inouye lost an arm in world war ii and represented hawaii in congress for 50 years. the 88-year-old senator died monday from respiratory complications. his body will be returned to hawaii tomorrow. >>> time now just turning 5:17. a former u.s. marine praised for voluntarily guarding a school apparently lied about his military service. monday craig showed up to hughson elementary school and stood guard. he said he was a sergeant in the marine reserves and deployed to afghanistan. but the marines say he never served overseas and discharged as a private after serving nine months. some of the parents say the school should have performed a background check. >> yust to make sure that they are who they say they are. because anybody can do it. anybody can do it and they be doing just to take advantage and then something. something very bad could happen. >> he told the marine corp times he had been misquoted by the medesto bee but the medesto bee stands by their story. he did apologize
yesterday mourners paid their respects to the lodge-time senator from hawaii. senator inouye lost an arm in world war ii and represented hawaii in congress for 50 years. the 88-year-old senator died monday from respiratory complications. his body will be returned to hawaii tomorrow. >>> time now just turning 5:17. a former u.s. marine praised for voluntarily guarding a school apparently lied about his military service. monday craig showed up to hughson elementary school and stood...
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Dec 24, 2012
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. >> senator daniel inouye, about 1,000 people attending that memorial service in hawaii including president obama an the first lady. senate majority leader harry reid paying tribute to the war hero. >> inouye said my biggest challenge is to convince myself on this day i did my best. i can't think of a single day during the 30 yearsive known senator inouye that he didn't do his best. >> senator inouye was 88 years old and second longest serving senator in u.s. history. >>> no deelt in sight an the fiscal cliff is less than a week away. they are arguing who is at fault for the disagreement. steve centanni is live with more. >> no agreement but plenty of talk. push for a plan b saying the ball is now in the democrat's court there has been no movement toward any kind of deal. republicans can't spending cuts and one key republican says what they need now is leadership. >> if you want leaders the president has been a pathetic fiscal leader. i would vote for revenues including tax hikes to keep the country from becoming greece. i am not going to set aside the 1.2 trillion in cuts. >> the president
. >> senator daniel inouye, about 1,000 people attending that memorial service in hawaii including president obama an the first lady. senate majority leader harry reid paying tribute to the war hero. >> inouye said my biggest challenge is to convince myself on this day i did my best. i can't think of a single day during the 30 yearsive known senator inouye that he didn't do his best. >> senator inouye was 88 years old and second longest serving senator in u.s. history....
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Dec 31, 2012
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but also hawaii, a big percent comes from defense spending. the green is nondefense. ala kass, new mexico, kentucky. so we talk about $620 billion being spread across the economy that will be individual hits to individual states and individual people that will be hit harder if this qulif does take effect. >> some sobering numbers. >>> the phrase that got the most nominations on the list of words to be banished, fiscal cliff. so we want to know what other phrases should be banned and why? tweet us. we have your responses coming up next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... i've always kept my eye on her... but wit
but also hawaii, a big percent comes from defense spending. the green is nondefense. ala kass, new mexico, kentucky. so we talk about $620 billion being spread across the economy that will be individual hits to individual states and individual people that will be hit harder if this qulif does take effect. >> some sobering numbers. >>> the phrase that got the most nominations on the list of words to be banished, fiscal cliff. so we want to know what other phrases should be banned...
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Dec 24, 2012
12/12
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. >>> speaking of president obama, he attended the burial today of long-time hawaii senator, daniel inouye. it was a 19-gun salute when the senator's coffin arrived at the national memorial cemetery of the pacific. senator inouye was the first japanese american elected to both houses of congress. he was also the second longest serving senator in american history. he was 88 years old. >> the other big story we're following tonight, with a third of all americans traveling for the holidays, meteorologists are now worried about what could be the nightmare after christmas. two new storms are moving in. we'll get the forecast in a moment, but first here's abc's john schriffen with the mess the weather is already creating. >> reporter: it's the christmas trip turned nightmare for drivers on the east and west coast. in northern california with more snow expected to blanket the sierra mountains tonight, cars are having trouble just staying on the road. >> the roads are pretty bad. there's a lot of spinouts further east. there's going to be chain control for the next two days at least going into chr
. >>> speaking of president obama, he attended the burial today of long-time hawaii senator, daniel inouye. it was a 19-gun salute when the senator's coffin arrived at the national memorial cemetery of the pacific. senator inouye was the first japanese american elected to both houses of congress. he was also the second longest serving senator in american history. he was 88 years old. >> the other big story we're following tonight, with a third of all americans traveling for the...
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Dec 24, 2012
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. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the weekend, we did hear from some republican moderates who say it may in fact be time to make some kind of a move. >> the president's statement is right, no one wants taxes to go up on the middle class. i don't want them to go up on anybody. but i'm not in the majority in the united states senate and he's the president of the united states. >>
. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a...
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Dec 27, 2012
12/12
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president obama has cut his hawaii vacation short and is on his way back to washington. the democratic senate will be in session tomorrow but the republicans are staying home. the republican aides tell nbc news that the house will not be in for business tomorrow. they released the statement calling on the senate to act first. senate majority leader harry reid quickly responded with a statement of his own. how else republicans pushed middle class families closer to the cliff by wasting an entire week with their incompetent plan b stunt. it is time for house republicans to put middle class families first by passing the senate's bill to protect 98% of americans from a tax hike on january 1st. the senate bill could pass tomorrow if house republicans would simply let it come to the floor. despite the impasse in washington, a new gallup poll shows 50% of people still believe it is likely that president obama and republicans will reach an agreement before we go over the curb on january 1st. among the believers is conservative weekly standard editor bill crystal. >> i think what
president obama has cut his hawaii vacation short and is on his way back to washington. the democratic senate will be in session tomorrow but the republicans are staying home. the republican aides tell nbc news that the house will not be in for business tomorrow. they released the statement calling on the senate to act first. senate majority leader harry reid quickly responded with a statement of his own. how else republicans pushed middle class families closer to the cliff by wasting an entire...
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Dec 19, 2012
12/12
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waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! >>> in connecticut today funerals took place for two 6-year-old victims of the sandy hook elementary school massacre, now, we're learn morgue about the killer from a former friend. ways freshman where lanza was a sophomore, both members of the tech club. >> very intelligent person. just like the way he acted around other people was just very with draub drawn, and just quiet. he had a nerd look. like you know khaki pants, belt, tucked in shirt. he had little computer hit. -- kit like a brief case instead of a backpack and a pocket protector. at one point he was a good kid. the event he did that day, may have been evil. before then, he -- he was just another kid. >> he says he lost touch when lanza left high school for home schooling. >> officials in texas including the governor, rick pee$ p
waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! >>> in connecticut today funerals took place for two 6-year-old victims of the sandy hook elementary school massacre, now, we're learn morgue about the killer from a former friend. ways freshman where lanza was a sophomore, both members of the tech club. >> very...
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Dec 13, 2012
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changed in the week before the shooting, quit his job, sold all his belongings and said he was moving to hawaii. she has no idea what set him off. police continue to try to find a motive. >>> bank robber got away with a lot of cash. two photos released, this shows a man dressed in black robbing the chase branch in greenbrae wednesday 5:30 p.m.. the robber placed a bag on the counter handed the teller a note whatting money. anyone with information is urged to call twin cities pd. >>> berkeley high teacher scheduled to be arraigned next weeks for lsd possession and drunk driving. police stopped 50 1-year-old on -- the 51-year-old for running a red late. he had just left a restaurant. police say he showed signs of intoxication. when he was booked he was carrying a both of breath mint that tested positive for lsd. he was hired by berkeley high in august for one year as fulltime independent study teacher. >>> starting today bart increasing patrols and offering safety escorts at some stays more patrols downtown san francisco in the east bay teaming up with oakland police department to provide escorts
changed in the week before the shooting, quit his job, sold all his belongings and said he was moving to hawaii. she has no idea what set him off. police continue to try to find a motive. >>> bank robber got away with a lot of cash. two photos released, this shows a man dressed in black robbing the chase branch in greenbrae wednesday 5:30 p.m.. the robber placed a bag on the counter handed the teller a note whatting money. anyone with information is urged to call twin cities pd....
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a man who found himself swimming for his life after being attacked by a shark in hawaii. it happened 250 yards from shore. and the victim said the shark's head was two feet wide, with his leg caught in the shark's jaws. ron is back with this story. he's one lucky guy. >> this is a harrowing tale about a man who got away from the fish. but the fish believed to be a very dangerous tiger shark, that seemingly appeared out of nowhere. and pounced on the man snorkeling off the coast of maui. >> it didn't hurt so much. it was mostly just fear of a second attack. >> reporter: from his hospital bed, tom kennedy was able to describe his close encounter with a shark just hours earlier. one that could have cost him his life. >> i kept watching behind because i was, obviously, concerned, he might come back again. >> reporter: around 9:30 monday morning, the 60-year-old was snorkeling with friends off the coast of maui. suddenly, without any warning, experts say what appeared to be a ten-foot-long tiger shark, attacked him, bit him on his leg. >> released me. i started swimming as fas
a man who found himself swimming for his life after being attacked by a shark in hawaii. it happened 250 yards from shore. and the victim said the shark's head was two feet wide, with his leg caught in the shark's jaws. ron is back with this story. he's one lucky guy. >> this is a harrowing tale about a man who got away from the fish. but the fish believed to be a very dangerous tiger shark, that seemingly appeared out of nowhere. and pounced on the man snorkeling off the coast of maui....
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Dec 13, 2012
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there were reports that he was planning to move to hawaii. he was telling friends that he inherited a bunch of money. of course that's not true. everyone seems so genuinely shocked that this happened. they called him a happy-go-lucky kid, somebody who was popular in high school. his ex-girlfriend spoke out to abc. take a look. >> this is the last thing i would have ever expected, especially from him. he was just too sweet. never mean to anybody. >> reporter: of course we're also focusing on the victims today. 45-year-old steven forsyth, a father of two, a respected executive here in the portland area, and of course 54-year-old cindy uhl was a mother, a dedicated hospice nurse and people who knew her are also speaking out. take a look. >> cindy was an amazing hospice nurse. she spent her life helping other people transition to the end of life. and cindy's family never got to say goodbye. >> reporter: 15-year-old christina is in the hospital. she's expected to survive. she's in stable condition. she took a bullet to the torso. it bruised her lu
there were reports that he was planning to move to hawaii. he was telling friends that he inherited a bunch of money. of course that's not true. everyone seems so genuinely shocked that this happened. they called him a happy-go-lucky kid, somebody who was popular in high school. his ex-girlfriend spoke out to abc. take a look. >> this is the last thing i would have ever expected, especially from him. he was just too sweet. never mean to anybody. >> reporter: of course we're also...
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Dec 26, 2012
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ed henry with the president in honolulu, hawaii. ed, as we get this news. possibly the president leaving his vacation early? >> that's right, jamie. we are now learning from an administration official that it is likely the president will be leaving hawaii tomorrow. probably in the evening to get back to washington early thursday. possibly meet with congressional leaders. start working the phones, trying to move this forward because, frankly, when you talk to administration officials in private, they admit this is pretty tall right now because the president hasn't had a conversation with speaker boehner since last friday. now, if there is any hope in any of this, it's the fact that the president's aides say that both he and the speaker before they left washington on friday and saturday made clear that maybe christmas could provide a cooling off period that will bring them back together. take a listen. >> everybody can drink some eggnog, have some christmas cookies, sing some christmas carols. enjoy the company of loved ones. >> hope springs eternal and i kno
ed henry with the president in honolulu, hawaii. ed, as we get this news. possibly the president leaving his vacation early? >> that's right, jamie. we are now learning from an administration official that it is likely the president will be leaving hawaii tomorrow. probably in the evening to get back to washington early thursday. possibly meet with congressional leaders. start working the phones, trying to move this forward because, frankly, when you talk to administration officials in...
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Dec 27, 2012
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the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the tax hikes . but the sticking point is enments and spending. >> clayton: the republicans saying that the president and democrats not forth coming enough on entitlements. here's what will unfold in a few short days as we break this down to you. >> put your seat belts on, people. >> clayton: tax rates will hit these numbers and you go up to 120,000 . you will see 31 percent up to 36 percent . in these tax rates as they climb up. >> here's the bottom line. average tax rate of 2,000 to $4000. it is an additional 13,944 . million
the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000...
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Dec 24, 2012
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. >> president obama is in hawaii for christmas. and says he'll cut his vacation short to try and hammer out a deal with congress. the deadline. now a week away. if congress fails to reach any agreement, income tax rates will go up on just about everyone on january 1st. unemployment benefits will expire for many as well. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter health's alta bates summit medical center are asking for negotiated labor contracts and improvements in patient care protections. such as staffing levels, health benefits, and sick days. strikers say hospital officials want to reduce the number of paid sick days for nurses and technicians, while eliminating health care coverage for those who work fewer than 30 hours a week. >> we will be right back. thousands of palestinians and international tourists are visiting bethlehem to visit christmas. and to celebrate-christmas. this is live at the we will be right back. >> watching wall street, this shorter trading day. they a
. >> president obama is in hawaii for christmas. and says he'll cut his vacation short to try and hammer out a deal with congress. the deadline. now a week away. if congress fails to reach any agreement, income tax rates will go up on just about everyone on january 1st. unemployment benefits will expire for many as well. >> thousands of nurses will walk off the job today at nine bay area hospitals. nurses with sutter health's alta bates summit medical center are asking for...
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Dec 26, 2012
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say aloha in hawaii. president obama will return early from his family's vacation and get back to worth work on the fiscal cliff. peter doocy is live with more on the vacation cutting his vacation short. >> the president will get one more full day of sunshine in hawaii befored hading back to dc. air force one is expected to leave 10:00 p.m. where he is. 3:00 a.m. eastern time and that will get him back thursday morning where he & and speaker boehner need to figure out how to bridge a 400 million dollar gap in their positions to avoid the fiscal cliff. the last time we heard from the president, he thought a break would benefit and bring lawmakers together. to make a difference >> everybody can cool off and drink egg nogand have christmas cookies and sing christmas carrolls and enjoy the company of loved ones and ask every member of congress when they are back home to think about that. think . obligations of people who cent us here. >> speaker boehner is expected to return to dc any time he with drew the re
say aloha in hawaii. president obama will return early from his family's vacation and get back to worth work on the fiscal cliff. peter doocy is live with more on the vacation cutting his vacation short. >> the president will get one more full day of sunshine in hawaii befored hading back to dc. air force one is expected to leave 10:00 p.m. where he is. 3:00 a.m. eastern time and that will get him back thursday morning where he & and speaker boehner need to figure out how to bridge a...
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Dec 21, 2012
12/12
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capitol rotunda today, former senator bob dole paying tribute to his old friend, senator daniel inouye of hawaii. inouye lying in state after his death earlier this week. the two men became friends while serving in world war ii. inouye lost an arm. senator dole nearly lost his. and so, 89-year-old senator dole, now confined to a wheelchair, insisted on walking to pay his respects, saying, i don't want danny to see me in a wheelchair. >>> and next, we turn to the day-to-day in newtown, connecticut, where 26 children and teachers were gunned down. today, there were five more funerals. and tomorrow will be a day of mourning across connecticut. at 9:30 a.m. tomorrow, a moment of silence to mark the one-week anniversary of the tragedy. >>> and also today, vice president joe biden began his task of curbing gun violence in america. he called in cabinet officials, police chiefs and law enforcement experts to give him ideas. and one of those men was the chief of police in baltimore, maryland, jim johnson, who said it's time to stop letting anyone who wants to fire off dozens of bullets without even havin
capitol rotunda today, former senator bob dole paying tribute to his old friend, senator daniel inouye of hawaii. inouye lying in state after his death earlier this week. the two men became friends while serving in world war ii. inouye lost an arm. senator dole nearly lost his. and so, 89-year-old senator dole, now confined to a wheelchair, insisted on walking to pay his respects, saying, i don't want danny to see me in a wheelchair. >>> and next, we turn to the day-to-day in newtown,...
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Dec 12, 2012
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over my right as to help the state in the nation, followed by hawaii and new hampshire. >> a new poll shows that most americans are no were close to having their holiday shopping done. 58% of those surveyed say that they have done about half or less of their holiday shopping so far. 28 percent said they still have not started and 16 percent have completed less than a quarter of it. only 80 percent said they have completed their shopping, which suggests that stores will be busy in the final two weeks before christmas. >> it's come via to be in the bay area this holiday season. what to the you as ps is launching today in sampras's go only! the highest tides of the your hitting the bay area or the next three days--we have already seen some flooding. apple wants to expand their products for your viewing pleasure. the scoop on its latest projects coming up.
over my right as to help the state in the nation, followed by hawaii and new hampshire. >> a new poll shows that most americans are no were close to having their holiday shopping done. 58% of those surveyed say that they have done about half or less of their holiday shopping so far. 28 percent said they still have not started and 16 percent have completed less than a quarter of it. only 80 percent said they have completed their shopping, which suggests that stores will be busy in the...
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Dec 21, 2012
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so the president is going to hawaii, i bet, today. we are going over the cliff, meaning tax rates are going to go up on every single one of us every single american on january 1st, including -- i mean, everybody. everybody. and then, i think what's going to happen is that president obama and democrats are going to put forth a bill to give us 98% of americans, those on the first $250,000 of income 98% of americans a tax cut, and i think congress will be forced to pass it. but there is no doubt about it. i believe -- you tell me if i am wrong -- the american people know who is to blame here it's not president obama. it's not democrats in the house. it's not democrats in the senate. the only person to blame here are the republicans in the house and john boehner. we have been telling you for a long time, boehner can't control his own caucus. this proves it. we have been telling you for a long time. obtain ain't no leader. he is a big lose her, probably the least effective speaker ever in the history of the house of representatives. not go
so the president is going to hawaii, i bet, today. we are going over the cliff, meaning tax rates are going to go up on every single one of us every single american on january 1st, including -- i mean, everybody. everybody. and then, i think what's going to happen is that president obama and democrats are going to put forth a bill to give us 98% of americans, those on the first $250,000 of income 98% of americans a tax cut, and i think congress will be forced to pass it. but there is no doubt...
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Dec 13, 2012
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a former girlfriend said he was quitting his job and selling his stuff and moving to hawaii. his mother does not understand what her son did and has no explanation. he is accused of killing a man and woman and wounding a 15- year-old girl. now the man, steven foresight was a husband and father of two. and the girl is recovering from surgery who was shot in the chest and the other woman who died was a hospice nurse. >>> he was gunned down tuesday night while unloading groceries from his own car, he had two grown children. >> just the kindest man ever. >> and he works hard, he is my role model. >> neighbors at the housing develop said they have been concerned about safety since the developer closed their offices this year. sun's family said they hope to help. >>> when the king tides will really -- when will the king tides really peek, good morning, brian. >> reporter: this is really calm right now but we expect the waters to rise and they are expected to peak later this morning. in terms of the king tides, they are a yearly event and they are expected in the colder months. but
a former girlfriend said he was quitting his job and selling his stuff and moving to hawaii. his mother does not understand what her son did and has no explanation. he is accused of killing a man and woman and wounding a 15- year-old girl. now the man, steven foresight was a husband and father of two. and the girl is recovering from surgery who was shot in the chest and the other woman who died was a hospice nurse. >>> he was gunned down tuesday night while unloading groceries from his...
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sansburn, told abc news that roberts quit his job, sold all his belongings and said he was moving to hawaii. she still has no idea what set him off. >> this was the last thing i would ever have expected. especially from him. he was just too sweet. >> reporter: detectives say roberts made a beeline from his volkswagen jetta, parked in the mall lot, and entered macy's carrying the rifle, which he stole from someone he knew. roberts wore a ballistics vest that carried ammo, and a hockey-style mask. that grisly image, different than the one released yesterday, from the woman who raised roberts, showing him looking innocent and happy. a family friend read a statement. >> she has no understanding or explanation for her son's behavior. >> reporter: police continue running search warrants and chasing leads, trying to find an explanation for this rampage. tahman bradley, abc news. >>> amazingly, the young woman who was seriously injured in the shooting, kristina schevchenko, survived a deadly, head-on car crash, this past august. we'll have more from the scene, coming up later today, on "good mornin
sansburn, told abc news that roberts quit his job, sold all his belongings and said he was moving to hawaii. she still has no idea what set him off. >> this was the last thing i would ever have expected. especially from him. he was just too sweet. >> reporter: detectives say roberts made a beeline from his volkswagen jetta, parked in the mall lot, and entered macy's carrying the rifle, which he stole from someone he knew. roberts wore a ballistics vest that carried ammo, and a...
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Dec 7, 2012
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the latest in hawaii where secular group octobered to event poor people in after from can a. the reason the hawaii citizens for the separation of church and state objected the event involved the new hope church which handled ticket sales for a concert. joining us now from new york culture warriors. >> janine is there a growing anti-christian bias in america? >> i'm catholic, bill, i have to tell you if i didn't answer that responsibly and say yes i wouldn't be telling you what's going on in our country. we have this nativity scenes and can a there has been this try to reduce the number of religiously identified displays, then what we are seeing now is more and more of these things being suppressed by the courts who are now saying if there is an identification of religion in any way, then that is unconstitutional and it is a violation of the first amendment. but the interesting thing about this is that the first amendment has the establishment clause and it says that there is no way that you can interrupt the establishment of a religion or prohibited free exercise of religion.
the latest in hawaii where secular group octobered to event poor people in after from can a. the reason the hawaii citizens for the separation of church and state objected the event involved the new hope church which handled ticket sales for a concert. joining us now from new york culture warriors. >> janine is there a growing anti-christian bias in america? >> i'm catholic, bill, i have to tell you if i didn't answer that responsibly and say yes i wouldn't be telling you what's...
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Dec 26, 2012
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he plans to return to washington tonight after spending the holiday in hawaii. kristen welker is traveling with the president. good morning to you. >> reporter: savannah, good morning to you. the first lady and first daughters will remain here and continue their hawaiian holiday. the president and first lady spent part of their christmas visiting with troops stationed here in hawaii, thanking them for their service before they sat down and enjoyed a tradit n traditional christmas dinner. the night before president obama called service members stationed overse overseas. when president obama returns to d.c., he and lawmakers will have just days to avert the so-called fiscal cliff. here is where everything stands. last week house speaker john boehner failed to get his own bill through the house. so now things are in the s senate's court. leaders there will have to come up with a compromise to avert the tax hikes and spending cuts set to go into effect during the first of the year. president obama had been working with house speaker john boehner, trying to get a big
he plans to return to washington tonight after spending the holiday in hawaii. kristen welker is traveling with the president. good morning to you. >> reporter: savannah, good morning to you. the first lady and first daughters will remain here and continue their hawaiian holiday. the president and first lady spent part of their christmas visiting with troops stationed here in hawaii, thanking them for their service before they sat down and enjoyed a tradit n traditional christmas dinner....
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Dec 14, 2012
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but there are several democrats, levin, hawaii and others who
but there are several democrats, levin, hawaii and others who
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Dec 24, 2012
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the president is in hawaii. everyone is home. with all the sides saying that they expect to go over the cliff, it looks pretty likely that that might just happen. >> well, i certainly think that concern is growing. that that's a real possibility at this point. at the same time, thomas, i think there's still so much pressure on all sides so get something done because as he heard joe lieberman said, the consequences would be huge. the economy could potentially slip back into recession. the white house has described this as a working vacation for president obama, but the reality is that negotiations are largely deadlocked on all sides. there have been a few talks going on at the staff level, but the real bulk of this work is going to get done when lawmakers return to washington later this week after the christmas holiday and resume manageses. that's when we're going to see the focus really shift away from the house and on to the senate. of course, speaker boehner tried to get his plan b, alternative bill through the house. republica
the president is in hawaii. everyone is home. with all the sides saying that they expect to go over the cliff, it looks pretty likely that that might just happen. >> well, i certainly think that concern is growing. that that's a real possibility at this point. at the same time, thomas, i think there's still so much pressure on all sides so get something done because as he heard joe lieberman said, the consequences would be huge. the economy could potentially slip back into recession. the...
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Dec 22, 2012
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. >> reporter: it feels like it, the president is in hawaii and congress is out of town and the fiscal cliff negotiations are on hold for the holidays with no agreement in sight. john boehner is throwing the ball in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt is to make significant spending cuts and fix our tax code. to pave the way for long term growth and opportunity. this is an approach most americans support and remains republicans' highest priority. but we only run the house. democrats continue to run washington. >> reporter: the president left town for his traditional christmas in hawaii and he and his family arriving there this morning and he has gotten in a round of golf already. before leaving the white house, he stayed back hayes spe-- scal back his expectations, and he said it is time for compromise. >> president barack obama: we move forward together s
. >> reporter: it feels like it, the president is in hawaii and congress is out of town and the fiscal cliff negotiations are on hold for the holidays with no agreement in sight. john boehner is throwing the ball in the democrats' court saying the debt is too high, spending out of control and taxes should not go up. in the g.o.p.'s weekly address, he accused the president and the democrats of refusing to accept a reasonable compromise. >> the best way to address our crippling debt...